HomeWorldPlus 75 basis points. The Federal Reserve raises the interest rate...

Plus 75 basis points. The Federal Reserve raises the interest rate for the sixth time since March

The United States Federal Reserve (Fed) announced this Wednesday a rise of 75 basis points in its interest rate, an increase identical to the one it had decided in the last three meetings, up to a range between 3.75% and 4%.

“The committee [FOMC] seeks to achieve full employment and inflation close to 2% in the long term. To support these goals, the Committee has decided to raise the federal funds rate to a range between 3.75% and 4%,” the US central bank announced today in a statement after the end of the two-day meeting. of the Federal Open Market Committee (FOMC).

This is the sixth increase since March and places the range of official interest rates at its highest level since 2007.

Source: TSF

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